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Category: Black Politics

A Decade After the Great Recession, We’re Outsourcing Home Appraisals to India

Manuel Romano/NurPhoto via ZUMA Looking for news you can trust?Subscribe to our free newsletters. The Wall Street Journal reports that banks are getting tired of performing actual appraisals for high-volume home loans—the kind that get packaged into mortgage-based securities—and are turning instead to less rigorous broker price opinions: Now these perfunctory valuations abound, underpinning tens…

How Exactly Is Blockchain Supposed to Change the World?

Looking for news you can trust?Subscribe to our free newsletters. Rowan Walrath wrote yesterday about bitcoin. She talked to Pai-Ling Yin, a professor at USC: While cryptocurrency investment has a “bubble element,” she says, that doesn’t mean blockchain has no value. To put it simply, blockchain is an anonymized, decentralized system for managing data and…

One Year Later, the Women’s March Returns

Craig Ruttle/AP Looking for news you can trust?Subscribe to our free newsletters. One year after millions of people took to the streets to protest the inauguration of President Donald Trump, activists this weekend are gathering to continue the momentum sparked by the historic Women’s March with new rallies in New York, Washington D.C., Los Angeles,…